Evening all, a little help please....

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Parish

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Can you guys please shed some light. I've just got paid and what to read some dedicated material about spread betting. But i just can't bring myself to trust most of the websites out there as based on the info in this forum most are crap!! I've been browsing on amazon.co.uk for suggestions, but nothing there really jumps out and grabs me. So i thought I'd ask my favorite bunch of guys here. So if any of you know of any good books to read please let me know.

Cheers

#PJ#

PS
I'm not looking for a get rich quick scheme.
 
Hi Parish

I don't know of any good books on spreadbetting, but I would recommend reading the material written by JPWone @ JPWone's website. It's a good read with lots of good advice.

HTH :)
 
Hi Parish,

I have also read and bought a lot of material about spreadbetting. The best money I spent (over a year ago) was on a book by aussietrader who posts on this board. I am still making money using his methods and couldn't be happier.

Good luck with your search.
 
I have also read and bought a lot of material about spreadbetting. The best money I spent (over a year ago) was on a book by aussietrader who posts on this board. I am still making money using his methods and couldn't be happier.
Click to expand...

Carnivore - Whats the name of the book please and does it have a publisher?
 
Thanks Trader333,

Have you read the material also? £137 seems like a fair price considering what Paul Williams is promising.

Trader_Dave
 
Qutotes from www. spreadtradingsecrets.com

"His peers call him "the human market barometer" because of his astounding ability to trade market trends before they become front page news."
"He's been hired to provide economic and market opinion on behalf of international banks and institutional investors"

Does anyone know the names of the peers and which companies they work for?
and also the names of the three top international banks, and the three top institutional investment companies, that he has worked for and the locations and departments of those companiesy?
 
Stevet,

I have sent you a PM with all your questions answered.

Cheers

AT
 
aussietrader

thank you for your pm and i have replied by pm to help to get the specific answers as opposed to generality
 
I actually know two of the investment banks that have hired aussietrader (HSBC & Smith Barney)and also one of the fund management firms he consults to. As to a name- it sounds like a pretty pointless question to me. If I said John Smith from Smith Barney would it make you feel better? Paul Williams is a person and he obviously thinks highly of Aussietrader.

As far as institutional investors go - I know the one he currently works for where he manages stock portfolios.
He also does some work with government, has been a 'champion' sportsman and has also been involved with Australian politics.

How do I know this - I did a google search and learned all about him - before I bought his book. It was good value by the way!
 
I know Aussietrader

I have actually met him and spent some time learning from him earlier this year. I can assure you he is the real deal. He knows his trading but also has a great knowledge of politics and economics without being an academic type.

I even read some of his earlier writings that are referenced in the web page you quote. He had this process where by people would submit a song name and then write an article that would relate the name to the current state of the markets. By all accounts it built up a large following over a couple of years. You try to make a Milli Vanilli number relate to trading and economics.

I saw about thirty of these articles and they made reference to gold and commodities, Oil going to $40 per barrel (in 2001/02), the collapse of the USD and the commodities boom ahead. All of these things were dated well before they became front page news.

So if you are looking for someone who is happy to call him the 'human market barometer' look no further. He is in my opinion the human market barometer.

(I'll try to get a copy of one of his articles and post it here - or AT you could do it yourself
 
making money from trading is nothing to do with being able to make longer term forecasts - that may or may not pan out in the future- but in waiting for the forecast to come to fruition- you could end up on a huge loss until the market inevitable turns your way at some point

analysts and forecasters know they are incapable of making money from trading! they are not traders

as his promotional stuff was so glowing - it seemed reasonable to just ask for a bit of verification of the generalities mentioned - so i was just trying to ascetain if this guy had a real succesful trading background or not - and so far nothing has been said to indicate that - and he has now said that to just sell a book - its not worth his while to go into any specifics - which is his right and is fine by me
 
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Stevet,

You are being a bit precious I think. You asked specific questions that I thought have been mostly answered - about where he worked and who he was hired by. Now you are saying because he makes forecasts he is not a good trader. He has obviously been hired as a trader and carnivore confirmed his trading ability.

Perhaps he should have written in his sales letter that "Mary Jones from department 69 thought i was a prat but David Smith thought I was a gun trader!"

enough said



really stevet
 
whipper

i have re-read carnivore's comments - and there is zip all in there to suggest this guy is a successful trader

but you are being precious - since my comments about forecasters etc were not directed at your friend specifically, but in general to show my opinion of them

i dont give a toss if he gives companies and or names - but it seemed a reasonable way to ascertain his trading credibility in relation to the fact he is selling something based on that credibility - and i felt that his marketing stuff made it reasonable to ask those questions -since it alluded to big companies - without confirming their names and what specific function was carried out for them

there are plenty of cleaners who could claim to work on the derivatives trading floor of bear stearns - and as it happens - they do!

if you feel that he has put up enought to prove he is a trader and that you should buy his book - go get it - but he sure hasn't for me

but if i ever wrote a trading book - i would definetly get him and his fans to market it for me
 
Stevet,

this thread aside - a great comment about cleaners working on the trading floor - LOL
 
Stevet, you asked for International bank names where he has worked - you got answers. You asked what institutional investors he has worked or works for - you got answers.

Others acknowledge his forcasting ability and you say that analysts and forecasters are incapable of making money from trading! What genralisation. What can you base such a statement on?

Others acknowledge his trading knowledge and the value in his book and your refuse to accept it.

You seem to have the strongest opinions based on very little knowledge of what he offersand seem to be the only one who hasn't actually accessed his trading knowledge throgh the book or otherwise and yet you refuse to accept others opinions or statement of fact relating to what is offered. Even that you yourself have requested thisinformation.

There are none so blind as those who refuse to see.

It's late, I hae had too much wine and hope not to have offeded you to much. It is not my intention.
 
whipper

i did not get the answers to my questions - and your friend said that it was not worth his while to go into any depth just to sell a book

all this "others" stuff is fine, but perhaps i will start selling a book and get a few friends to post what a great guy i am etc

my original questions were to just see in some way if your friend was a successful trader or not - thats all - and regardless - i am entitled to seek information if someone is marketing a product and i am entitled to have an opinion - wether you like it or not

ps my eyes are wide open and perhaps that is the problem for you
 
stevet,

After reading my post from last night, I still think it is right. Lets agree to disagree. Suffice to say I am a happy client of Aussietrader.

PS - Pleased to be your 800th post ;-)
 
Ha ha

The most famous trader on these forums, AussieTrader, posted on my thread
Check me out

#PJ#
 
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